India weighs wider FDI access for commercial crops to strengthen horticulture supply chains
The government is considering expanded foreign-investment access for commercial crops, including bananas, to draw capital into farm technology, processing, cold chains and distribution. The move aligns with India’s goal of lifting agriculture exports to $100 billion by 2030.
What happened
Government of India · India is considering wider FDI access for commercial crops, including bananas, to attract farm technology, processing and distribution
Key facts
- 100% FDI currently allowed in specified plantation sectors
- India agriculture exports: $53 billion in 2025-26
- Agriculture-export target: $100 billion by 2030
- Banana exports: $377.5 million in 2024-25
- Banana-export target: $1 billion
- Plantation-sector FDI: $239.23 million from April 2000 to March 2026
- Plantation-sector FDI in 2025-26: $10.84 million
Why this matters
Food, grocery and supply-chain companies should assess joint ventures or strategic stakes in horticulture sourcing, cold storage and processing platforms before foreign capital intensifies competition for scaled assets.